CORFAC Connections

By Ray Lyons, CCIM, MRICS, SIOR, Realty Advisors Ltd., Brokerage/CORFAC International, Toronto, ON Currently, there are a wide range of macro-level factors driving Toronto’s commercial real estate market. The balance of supply and demand is driven largely by the strength of the economy and job creation, which affects the demand for various types of real estate and office space trends. Shifting Market Trends Current workplace trends […]

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By Eric Hinkelman, Voit Real Estate Services/CORFAC International, Irvine, CA Over the past 36 months, the type of company that has targeted the North Orange County’s commercial real estate space (traditionally this region’s industrial real estate market) has shifted from aerospace and defense-centric, to a more diverse, international blend of service-related companies. Many of the attributes that made this region desirable to large companies over […]

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By Tom Martindale, SIOR, TRI Commercial/CORFAC International, San Francisco, CA San Francisco’s commercial real estate market continues to be fueled by the tech industry, but a range of factors indicate a cooling trend could be on the horizon. Tech Continues to Rule the Office Market Just when it seemed 3 million square feet of deliverable office construction was more than enough to meet 2017’s demand and […]

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— By Alistair Subba Row, Farebrother/CORFAC International, London The United Kingdom’s departure from the European Union — commonly known as Brexit — was expected to have adverse effects on London’s office property market. These predictions initially proved accurate as London turnover and transaction volumes sank to a four-year low in the quarter following the referendum which passed in June 2016. (Note: The UK is scheduled […]

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By Andy Jaffe, Senior Vice President, Commercial Properties Inc./CORFAC International What creates value in anything someone does? Everyone searches for value in different ways. Some of us value time off to explore different places or spending more time with our families. Others see value in accomplishing something they may have never done before. This concept of value relates to networks or organizations which a person […]

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CORFAC International is pleased to announce that G. Raymond (Ray) Lyons, CCIM, MRICS, SIOR, of Thomas L. Johnson Realty/CORFAC International in Toronto, will begin his term as 2017 President of the organization on January 1. CORFAC thanks 2016 President John R. Homsher, CCIM, Podolsky|Circle CORFAC International in Chicago, and the entire 2016 leadership team, for their dedication throughout this year. “I’m proud of what we’ve […]

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CORFAC International is pleased to announce the recipients of the 2016 Standards of Excellence Awards, which were given at the recent Fall Summit held in Toronto, Canada. CORFAC 2016 President John R. Homsher, CCIM, presented four individual members with special recognition awards and 15 member firms were recognized for excellence in upholding the CORFAC brand, mission and values throughout the past year. Charlie King MVP Award David Boyd, […]

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CORFAC International’s global affiliates met last month to discuss operational initiatives and business development opportunities for the organization’s international offices. Joined by 2016 President John Homsher, CCIM, representatives from CORFAC’s offices in England, France, Germany, India, Israel, Mexico, Romania and Russia gathered for a meeting and networking dinner while in London for SIOR’s World Conference June 23-24.